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Monday, January 20, 2014

Reuters Money: Google set to face Intellectual Ventures in landmark patent trial

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01/20/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Google set to face Intellectual Ventures in landmark patent trial
SAN FRANCISCO (Reuters) - Intellectual Ventures is set to square off this week against Google Inc's Motorola Mobility unit in the first trial that the multibillion-dollar patent-buying firm has undertaken since it was founded.
Insight: Shorts set to pounce as stocks seen pricey, Fed pulls back
NEW YORK (Reuters) - After years of hiding under their desks, short sellers are re-emerging - slowly.
BRIC or MINT? Investors suffer acronym anxiety
LONDON (Reuters) - Which investment takes your fancy: BRIC, MINT or CIVETS? For many fund managers seeking the next big thing in emerging markets, the answer is none.
Hedge funds' top five currency bets for 2014
LONDON (Reuters) - Hedge funds think 2014 could be the year their currency bets finally pay off, after getting burned last year on trades ranging from the Australian dollar to the greenback.
Morgan Stanley profit beats estimate; raises margin target
(Reuters) - Morgan Stanley posted stronger-than-expected fourth-quarter results, as its retail brokerage and asset management businesses won more assets from clients and benefited from rising stock markets.
Wells, U.S. Bancorp to stop contentious short-term loans
(Reuters) - Wells Fargo & Co and U.S. Bancorp said on Friday they would stop offering customers a type of small, short-term loan that has come under regulatory scrutiny.
BNY Mellon's fourth-quarter profit shows modest gain
(Reuters) - BNY Mellon Corp said on Friday its fourth-quarter profit rose slightly, meeting Wall Street expectations, but higher staff expenses weighed on results even as a buoyant stock market lifted investment management and performance fees.
Financial advisers changing approaches for women
CHICAGO (Reuters) - Financial adviser Khloe Karova counsels her mostly female clients on a lot more than investments: career strategy, salary negotiations, budgeting - even life goals. She has been known to make house calls to keep them on track, questioning big-ticket purchases such as cars that haven't been accounted for ahead of time.
Swiss central bank to sell shares of 'unethical' companies
ZURICH (Reuters) - The Swiss National Bank will sell securities in companies that do not meet its ethical standards, including those of firms that commit serious human rights abuses, the central bank said on Friday.
Investors bet big on stock hedge funds, snub traditional funds
BOSTON (Reuters) - Big investors fueled by rallying equity markets made large, fresh bets on hedge fund managers that pick stocks late last year, while shunning traditional long-only stock funds, data group eVestment said on Friday.
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